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The Choice cutout was $212.05 down $0.45 from Thursday and down $8.45 from last Friday, while fed cattle trade was $2 to $3 lower than a week ago on a live basis.
The recent price pressure is not necessarily a bad thing as it may benefit packers and feedlots alike down the road.
Foreign demand for U.S. beef was down 13.2% in 2015 and has been down in two of the first three months of 2016.
In a high or low cattle market environment, capturing the most pounds per calf affects a producer’s bottom line, said a Texas A&M AgriLife Extension Service economist.
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Producers are going to have to be a little more savvy in marketing calves and feeder cattle since forward pricing opportunities appear limited.